PTC (NASDAQ:PTC) Stock Rating Raised to “Neutral” at JPMorgan Chase & Co.

JPMorgan Chase & Co. upgraded shares of PTC (NASDAQ:PTC) from an underweight rating to a neutral rating in a report issued on Monday,Benzinga reports. The brokerage currently has $205.00 price objective on the technology company’s stock, up from their previous price objective of $145.00.

Several other equities research analysts have also recently commented on PTC. Mizuho boosted their price target on shares of PTC from $160.00 to $205.00 and gave the stock a “neutral” rating in a research report on Tuesday. Stifel Nicolaus set a $205.00 target price on PTC in a research report on Monday. Citigroup reiterated a “neutral” rating and set a $205.00 price objective (up from $141.00) on shares of PTC in a research note on Tuesday. BNP Paribas Exane started coverage on shares of PTC in a research note on Thursday, June 18th. They issued a “neutral” rating and a $130.00 target price for the company. Finally, Deutsche Bank Aktiengesellschaft lowered shares of PTC to a “hold” rating and set a $205.00 price target on the stock. in a research report on Monday. Two analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $200.06.

PTC Trading Up 0.4%

NASDAQ PTC traded up $0.85 during trading hours on Monday, hitting $193.12. The company’s stock had a trading volume of 4,177,068 shares, compared to its average volume of 1,607,545. PTC has a twelve month low of $108.50 and a twelve month high of $206.82. The firm has a market capitalization of $20.95 billion, a P/E ratio of 18.68, a PEG ratio of 1.81 and a beta of 0.99. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.40. The stock has a fifty day moving average of $144.06 and a 200 day moving average of $137.21.

PTC (NASDAQ:PTC) last issued its earnings results on Wednesday, July 29th. The technology company reported $1.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.01. The firm had revenue of $600.05 million for the quarter, compared to analysts’ expectations of $611.62 million. PTC had a return on equity of 25.31% and a net margin of 41.67%.The company’s revenue was down 6.8% compared to the same quarter last year. During the same quarter last year, the business earned $1.64 earnings per share. PTC has set its FY 2026 guidance at 7.870-8.420 EPS and its Q4 2026 guidance at 1.630-2.210 EPS. Equities research analysts forecast that PTC will post 6.56 earnings per share for the current fiscal year.

Institutional Trading of PTC

A number of institutional investors have recently modified their holdings of the stock. QRG Capital Management Inc. boosted its stake in PTC by 13.2% in the second quarter. QRG Capital Management Inc. now owns 7,089 shares of the technology company’s stock valued at $805,000 after buying an additional 828 shares in the last quarter. State Street Corp boosted its stake in shares of PTC by 10.2% in the 2nd quarter. State Street Corp now owns 6,452,323 shares of the technology company’s stock valued at $733,048,000 after purchasing an additional 596,955 shares in the last quarter. Tidal Investments LLC grew its holdings in shares of PTC by 25.1% during the 2nd quarter. Tidal Investments LLC now owns 40,728 shares of the technology company’s stock valued at $4,627,000 after purchasing an additional 8,177 shares during the last quarter. Archford Capital Strategies LLC lifted its stake in PTC by 4.7% in the 2nd quarter. Archford Capital Strategies LLC now owns 5,135 shares of the technology company’s stock valued at $583,000 after purchasing an additional 232 shares during the last quarter. Finally, National Pension Service boosted its position in PTC by 33.5% in the second quarter. National Pension Service now owns 40,800 shares of the technology company’s stock valued at $4,635,000 after buying an additional 10,231 shares in the last quarter. 95.14% of the stock is currently owned by institutional investors.

PTC News Roundup

Here are the key news stories impacting PTC this week:

• Positive Sentiment: Schneider Electric takeover: Schneider agreed to pay $205 per share in cash, valuing PTC’s equity at approximately $22.6 billion and the transaction, including debt, at about $23.7 billion. The offer represents a roughly 42% premium to PTC’s unaffected price and gives shareholders a defined cash exit. The combination is intended to create a larger industrial-software and industrial-AI portfolio. Schneider Electric inks $22.6 billion takeover of software maker PTC
• Positive Sentiment: Analyst price targets moved higher: Mizuho and Barclays raised their PTC targets to $205, broadly matching the proposed cash consideration. These increases acknowledge the deal value, although both firms retained neutral or equal-weight views rather than signaling additional upside. PTC Stock Price Target Raised at Mizuho
• Neutral Sentiment: Technical momentum improved: PTC’s 50-day moving average has crossed above its 200-day moving average, forming a “golden cross,” a technical signal often viewed as bullish. However, technical momentum is secondary to the pending merger’s terms and closing timeline. Should You Buy PTC Inc. After Golden Cross?
• Negative Sentiment: Analyst downgrades and limited upside: Rosenblatt Securities, Robert W. Baird, KeyCorp and Loop Capital moved to hold, sector-weight or equivalent ratings. The downgrades largely reflect that PTC now trades close to the $205 offer, leaving limited standalone upside. One analysis also noted that recent earnings-estimate revisions do not support further gains absent the acquisition. PTC Stock Rating Lowered by Robert W. Baird
• Negative Sentiment: Merger and shareholder risks: Law firms have announced investigations into whether the $205 offer fairly values PTC and whether the board obtained the best terms. The deal also remains subject to customary approvals and closing conditions, so the remaining spread reflects the possibility of delays, competing proposals or failure to close. PTC Shareholder Alert

PTC Company Profile

PTC Inc (NASDAQ: PTC) develops software designed to help manufacturers and other industrial companies create, manage, operate and service physical products. Its portfolio supports product lifecycle management, computer-aided design, application lifecycle management, service lifecycle management, industrial Internet of Things applications and augmented reality.

PTC’s primary products include Creo for 3D computer-aided design and engineering, Windchill for product lifecycle management, Codebeamer for application lifecycle management, and Servigistics for service parts and service operations management.